Quadratic Voting

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf Voting system
gptkbp:aimsTo Mitigate tyranny of the majority
Reflect intensity of preferences
gptkbp:appliesTo gptkb:public_policy
Corporate governance
Blockchain governance
gptkbp:category gptkb:Voting_theory
Decision theory
Social choice theory
gptkbp:contrastsWith Plurality voting
Cumulative voting
One-person-one-vote
gptkbp:feature Cost of votes increases quadratically
Vote cost = (number of votes)^2 credits
Voters allocate votes based on preference strength
Voters receive a budget of credits
https://www.w3.org/2000/01/rdf-schema#label Quadratic Voting
gptkbp:influenced gptkb:Political_science
gptkb:Mechanism_design
Economics
gptkbp:mathematical_basis Quadratic cost function
gptkbp:proposedBy gptkb:Eric_Posner
gptkb:Glen_Weyl
gptkbp:publishedIn gptkb:Radical_Markets
gptkbp:relatedConcept gptkb:Quadratic_Funding
gptkbp:studiedBy gptkb:Microsoft_Research
gptkb:Democracy_Earth_Foundation
gptkbp:used_in gptkb:Colorado_House_of_Representatives_(2019_pilot)
gptkbp:usedFor Collective decision-making
gptkbp:yearProposed 2014
gptkbp:bfsParent gptkb:Decentralized_Governance
gptkb:Governance_Tokens
gptkbp:bfsLayer 5